4//SEC Filing
Grossman Jay M. 4
Accession 0001104659-18-015930
CIK 0001512077other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 5:03 PM ET
Size
20.1 KB
Accession
0001104659-18-015930
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC) - Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC)
ABRY Investment Partnership, L.P.
10% Owner
Transactions
- Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC) - Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC)
KOENIG PEGGY
10% Owner
Transactions
- Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC) - Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC)
EMC HoldCo 2 B.V.
10% Owner
Transactions
- Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC) - Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC)
ABRY Partners VII, L.P.
10% Owner
Transactions
- Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC) - Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC)
Grossman Jay M.
10% Owner
Transactions
- Sale
Common Stock
2018-03-06$1.62/sh−23,243$37,684→ 9,531,383 total(indirect: By LLC) - Sale
Common Stock
2018-03-07$1.60/sh−5,700$9,147→ 9,525,683 total(indirect: By LLC)
Footnotes (10)
- [F1]The price shown in column 4 is a weighted average price. On 03/06/2018 and 03/07/2018, these shares were sold in multiple transactions at prices ranging from $1.60 to $1.65 and $1.6 to $1.62, respectively. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4 report.
- [F10]Each of Mr. Jay Grossman and Ms. Peggy Koenig, equal members and managers of each of ABRY GP and ABRY VII Capital Investors, LLC, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
- [F2]The securities are held directly by EMC Acquisition Holdings, LLC ("EMC Acquisition Holdings"). EMC Aggregator, LLC owns 84.3% of the member interests of and controls EMC Acquisition Holdings. EMC Acquisition Holdings owned 4,996,720 of the shares of the Issuer prior to the transactions set forth above.
- [F3]On December 28, 2017, EMC Aggregator, LLC became the direct owner of 4,557,906 of the Shares of the Issuer, as a result of the transfer of such shares from EMC Holdco 2 B.V. to EMC Aggregator, LLC in connection with the dissolution of EMC Holdco 2 B.V. EMC Holdco 2 B.V. was an indirect wholly owned subsidiary of EMC Aggregator, LLC. As a result, EMC Aggregator, LLC was the beneficial owner of 9,554,626 of the Shares of the Issuer prior to the reported transactions. Based upon the statement in the Issuer's proxy statement, as filed with the Securities and Exchange Commission on November 28, 2017, that there were 90,770,478 shares of Common Stock of the Issuer outstanding as of November 20, 2017, EMC Aggregator, LLC now beneficially owns 10.49% of the Issuer's outstanding shares.
- [F4]As the direct owner of 96.72429% of the equity interests of EMC Aggregator, LLC, ABRY Partners VII, L.P., a Delaware limited partnership, also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC. As the direct owner of 3.19196% of the equity interests of EMC Aggregator, LLC, ABRY Partners VII Co-Investment Fund, L.P., a Delaware limited partnership, also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC. As the direct owner of 0.08375% of the equity interests of EMC Aggregator, ABRY Investment Partnership, L.P. also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC. Each of James Scola and Messrs.
- [F5]Yosef-Or and Brucato is a member of the board of directors of each of EMC Aggregator, LLC and may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
- [F6]ABRY VII Capital Partners, L.P., a Delaware limited partnership, the general partner of ABRY Partners VII, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
- [F7]ABRY Partners VII Co-Investment GP, LLC, a Delaware limited liability company, the general partner of ABRY Partners VII Co-Investment Fund, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
- [F8]ABRY VII Capital Investors, LLC, a Delaware limited liability company, the general partner of ABRY VII Capital Partners, L.P. and member of ABRY Partners VII Co-Investment GP, LLC, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
- [F9]ABRY GP, a Delaware limited liability company, the general partner of ABRY Investment Partnership, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Aggregator, LLC, but disclaims beneficial ownership of such Shares.
Documents
Issuer
Global Eagle Entertainment Inc.
CIK 0001512077
Entity typeother
Related Parties
1- filerCIK 0001268944
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 5:03 PM ET
- Size
- 20.1 KB